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INVENTORY MANAGEMENT MODULE

Increase your sales and keep track of every unit with our powerful stock management, order fulfillment, and inventory control solutions.

Benefits of Inventory Management Module

1

Optimized Processes

Building the right warehouse management solution for your organization would help you to refine the processes inside the warehouse smoothly. That means not only having the best processes to suit the organization itself, but also those that suit the type of products that you handle.
2

Inventory Visibility

Using warehouse automation with scanning or other location-tracking solutions guarantees visibility and eliminates non-inventory-enabled situations where the inventory inside the warehouse is forgotten, lost, or misplaced. This encourages a business to estimate supply more securely and avoid backorders, which leads to more happy customers.
3

Reduced Admin Work

All administrative work that historically involved reams of paperwork and data processing is streamlined and organized by the warehouse management solutions. With inventory data available at your side, results can be analyzed and released in seconds.
4

Improved Supplier and Customer Relationships

When this module handles your product inventory and multiple locations, it ensures that you get the right product, on the right vehicle. This system-driven productivity allows you to minimize tension with your supplier partners or even end-users.
5

Reduced Labor Costs

This module will automate most warehouse operations to a greater degree. It is also possible to rationalize workforce capital and delegate them to the most appropriate duties while saving time wasted on labor-intensive operations. This allows organizations to reduce needless employee costs and improve the quality of the current workforce with labor management.

Inventory Management PROCESS

1. Receive Goods

Increase your sales and keep track of every unit with our powerful stock management, order fulfillment, and inventory control solutions.

2. Inbound Receipts & Put Away
This module integrates scanning systems to optimize receipt and direct workers to the right place to shelve the items. Depending on the type and characteristics of products, this module can also recommend different techniques for slotting, putting away, and the best use of the storage space.
3. Track & Allocate Stock
The module lets managers know the quantity of products available and when restocking is required. Along with the use of minimum and maximum levels, this allows the company to order more stock at the right time and in the right quantity to reduce shortages and thus, keep the inventory from being overstocked.
4. Picking
Picking is the process of collecting items according to the customer’s order from the storage site. This module guarantees that the best product is chosen using simple methodologies or company guidelines such as FIFO. Also, Barcode scanners help with the order accuracy of getting the right products.
5. Packing
The type and quantity of packaging are determined by the solution automatically, and an optimum packing process is proposed.
6. Work In Progress (WIP)
This module will also track whether the packed product is in progress or in transit. This can be helpful to keep updating your customers about their product and shield the trust. Also, in a situation where the packages are lost, broken, or theft, managers can easily identify and solve the issue.
7. Shipping

This module then helps to make sure your orders are delivered on schedule to the right customers and notifies them about the same. Also, thanks to the prevention of errors made at the selection and dispatch periods.

8. Returns
By automating every step like making the return, documenting the purpose, upgrading the stock, granting complete or partial refunds, and producing reports, this module will help streamline this unpleasant process.
9. Reporting & Analytics
This module will keep tracking of what is going on in the warehouse to ensure safety by monitoring the location of workers, marking incoming truck license plates, restricting access to certain locations. This module will provide a report on all the details and recognize your most profitable client, top-selling commodity, best-performing sales channel, most productive worker, yard management details, and peak sales season.